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<p>[QUOTE=&quot;WmsJewelers, post: 342596, member: 12564&quot;]Silvertowne had to melt the coins.&nbsp; These coins were purchased by small local coins shops and they just sat in the case and no one ever even looked at them.&nbsp; Dealers needed the money and sent them to silvertowne to sell.&nbsp; Leon will buy anything at a certain price.&nbsp; So many of them flooded in as they were the highest buyer in the nation.&nbsp; Now that they have so many of them they have to melt them to get the money back out of them.&nbsp; </p><p><br /></p><p>I talked to Leon at a local show in Ohio and he said that they are so busy with gold and scrap gold that the bank is overdrawn.&nbsp; I watched them for the first three hours of the show and all they did was buy.&nbsp; When it was over they said the spent almost 1 million $.&nbsp; IN THREE HOURS.&nbsp; All in scrap gold and silver.&nbsp; At rates like that they do not have the money to hold the items to sell them.</p><p><br /></p><p>I purchase over 40k a week in my store and I understand.&nbsp; It is sad what is melted but I can not afford to keep anything as the price keeps going up and the gold keeps coming in.&nbsp; God I spent over 20k just today and its only 4:20[/QUOTE]</p><p><br /></p>

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